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500 Ashland Ave
Chicago Heights, IL 60411
Office Property For Sale
Executive Summary
The Ashland Building is a high-profile, corner 2-Story medical office with a full basement. White Miami brick masonry building with a large parking lot surrounding it on 3 sides. Over 1 acre of land is included in this magnificent opportunity. Currently, owner-occupied shows pride of ownership. Currently has 2 vacant spaces: the 1st and 2nd floors. Perfect for a new owner occupier can move in with income, as the owner will agree to a long-term lease-back for full occupancy. Perfect for 1031 investors or anyone looking to park cash into a nice, clean, and well-maintained investment building.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
B
Year Built
1961
Price
$653,638 CAD
Price Per SF
$130.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
0.31
Lot Size
0.37 AC
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Central Heating
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Numbers | Improvements Assessment | $57,710 CAD | |
| Land Assessment | $32,493 CAD | Total Assessment | $90,203 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$32,493 CAD
Improvements Assessment
$57,710 CAD
Total Assessment
$90,203 CAD
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